Five Reasons to Support Local Businesses this Holiday Season
It seems like the holiday season sneaks up on us faster and faster every year. With the gift giving season right around the corner, it’s time to start thinking about your holiday purchases. Here are 5 reasons to support small businesses this year:
1.Small Businesses Create More Jobs
According to the Small Business Association, since 1990 small businesses have created over 8 million jobs while big businesses have eliminated 4 million. Though just 21.5% of all small businesses are employers, they provide jobs to over half the workforce!
2. Money Spent at Small Businesses Goes Back to the Local Economy
Money invested in a small business tends to remain local. An estimated $48 of every $100 stays in the local economy, compared to an average of just $14 from large businesses. 3. Small Businesses Give Back More
Aside from greater local investments, it seems that small businesses are much more generous as well. The Seattle Good Business Network found that small businesses donate 250% more than larger businesses to nonprofits and community causes.
4. Customer Service is Better at Small Businesses
Customers have reported the service level at small businesses is usually better and more personal than chain stores. It is not unusual for customers to be familiar with small business owners and form special relationships within the community.
5. Small Businesses Listen
Have a new special product or service you want to see added? You have a much better shot at getting it from a small business. Owners are often directly connected with every employee in the store and in most instances the customers. They can easily listen to demands and adjust their offerings accordingly.
Happy holidays and thank you for supporting our local businesses!